By Will Trout
In reviewing a new bulletin from the DoL, a wealth management analyst at Celent sees “a heightened jockeying for position among regulators and other industry actors with an interest in guiding reform.”
By Alexander Friedman
"At some point, a real market correction will arrive. And when it does, pension funds and insurance companies will be more exposed than ever before to volatility in the equity markets," writes Friedman, the Group CEO of GAM Holding.
By Kerry Pechter
Forcing commissioned brokers and agents to act like fiduciaries would deprive middle-class investors of access to financial advice, critics of Labor's proposal argue. Maybe. It would almost certainly deprive advisors of access to investors.
By Editorial Staff
“The settlement is the largest ever for a case of this kind against a single employer,” said Thomas E. Clark Jr. of the Wagner Law Group.